, China

Asian healthtech deals surged 56.8% to US$4.97b in Q3

The highest deal worth US$146m was closed in China.

Asian healthtech investment deals skyrocketed 56.8% YoY from US$3.17b ($4.38b) to US$4.97b ($6.87b), healthtech connector Galen Growth Asia revealed.

The quarter saw 78 deals sealed, with seven of the biggest all coming from China. The highest deals were recorded by research startup LinkDoc and online health communities Medlinker which each received US$146m ($201.81b) worth of investments.

According to Galen Growth, US$2.25b ($3.11b) was raised by population health management firms. Medical diagnostics and online marketplace-related deals came in next with investments worth US$693m ($957.93b) and US$573m ($792.05b) YTD, respectively.

Other categories also clinched investment deals including the wellness segment with 19 deals YTD totalling US$305m ($421.60b), health management solutions with 28 deals YTD bagging US$287m ($396.72b), and research with 11 deals that reached US$226m ($312.40b).

Galen Growth Asia also noted that 50% of the Asia deals for online marketplaces where closed in India.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!